Grupo TMM Balance Sheet Health
Financial Health criteria checks 5/6
Grupo TMM has a total shareholder equity of MX$2.0B and total debt of MX$128.2M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are MX$3.6B and MX$1.6B respectively. Grupo TMM's EBIT is MX$149.1M making its interest coverage ratio 3. It has cash and short-term investments of MX$163.6M.
Key information
6.3%
Debt to equity ratio
Mex$128.20m
Debt
Interest coverage ratio | 3x |
Cash | Mex$163.65m |
Equity | Mex$2.05b |
Total liabilities | Mex$1.57b |
Total assets | Mex$3.62b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GTMA.Y's short term assets (MX$1.2B) do not cover its short term liabilities (MX$1.3B).
Long Term Liabilities: GTMA.Y's short term assets (MX$1.2B) exceed its long term liabilities (MX$308.5M).
Debt to Equity History and Analysis
Debt Level: GTMA.Y has more cash than its total debt.
Reducing Debt: GTMA.Y's debt to equity ratio has reduced from 19.4% to 6.3% over the past 5 years.
Debt Coverage: GTMA.Y's debt is well covered by operating cash flow (179.1%).
Interest Coverage: GTMA.Y's interest payments on its debt are well covered by EBIT (3x coverage).